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Rolls-Royce, Raytheon win $154M in military contracts

December 23, 2010

A pair of Indianapolis military contractors scored new government deals worth a combined $154.4 million, the Department of Defense announced late Wednesday.

CIB seeking bids for stadium, convention security

December 23, 2010

Request for proposals calls for providing 24-hour security at both Lucas Oil Stadium and the Indiana Convention Center, as well as providing armed guards for special events. The CIB plans to award contracts in mid-March.

Amylin and Lilly seek expanded Byetta approval

December 23, 2010

Eli Lilly and Co. and Amylin Pharmaceuticals Inc. said Wednesday they are asking the Food and Drug Administration to expand approval for their type 2 diabetes drug Byetta, which could bolster sales as the companies try to get approval for a new, longer-lasting version of the drug.

SKARBECK: Regulators and ‘experts’ failed to stop scammers

December 22, 2010

Most people find it incomprehensible that there are hundreds of con men around the country who wake up every morning with the objective of looting people who have placed their trust in them.

HICKS: Let’s fight poverty, but also keep it in perspective

December 22, 2010

There is a certain poignant irony in the U.S. Census Bureau’s release of 2010 poverty statistics this Christmas week. It reminds us that, behind the green eyeshades of professional data collectors, the folks at the Census Bureau have an acute marketing sense.

Construction

December 22, 2010

-Alt Construction has completed a 1,928-square-foot build-out for Orange Leaf Yogurt at 2760 East 146th St., Carmel.

-Alt Construction has completed a 3,600-square-foot build-out for Mattress Firm at 2625 E. 62nd St.

-Alt Construction has finished building out a 1,567-square-foot expansion for Indianapolis Neighborhood Housing Partnership at 2065 E. 62nd St.

-Alt Construction has completed a 1,600-square-foot build-out for La Hacienda at 12237 N. Meridian St., Carmel.

People

December 22, 2010

Chip Barnes and Matt Dickerson have joined the local industrial services team of Jones Lang LaSalle as senior vice presidents.

Leases/leasing contracts

December 22, 2010

-Bedrock International renewed its lease for 32,000 square feet of industrial space in Park 100, 7951 Zionsville Road. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, ProLogis, was represented by Andrea Hopper of ProLogis.

-Little Miracles Inc. leased 4,357 square feet of retail space in Geist Crossing Shoppes, 9737 Fall Creek Parkway. The tenant was represented by Don Ballard and Ron Mannon of Lee & Associates. The landlord, Glendale Partners of Shadeland Crossing LLC, was represented by Paul Rogozinski of Veritas Realty LLC.

-Alpine Power Systems leased 4,000 square feet at Park Fletcher Distribution Center, Building 17, Suite L, 2040 S. Lynhurst Drive. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, ProLogis-North Carolina LP, was represented by Chris Black of CB Richard Ellis.

-Altria Sales & Distribution leased 3,988 square feet of office space at 8440 Woodfield Crossing. The tenant was represented by Joel Oppenheim of The Oppenheim Group. The landlord, Cassidy Turley, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.  
 
-Jays Moving Co. leased 3,600 square feet at Park Plaza Business Center, 5795 Park Plaza Court. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, First Industrial Realty Trust, was represented by John Hanley and Nikhil Gunale of CB Richard Ellis.

-R&T Trenching leased 3,200 square feet at 23rd Street Industrial, 4902 E. 23rd St. The landlord, Garfield LLC, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.

-Grandbridge Real Estate Capital leased 2,738 square feet at 300 N. Meridian St.  The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, University Park Associates LLC., was represented by Mike Napariu of REI Real Estate Services.

-Family Peace and Unity Inc. leased 2,500 square feet at 23rd Street Industrial, 4840 E. 23rd St. The landlord, Garfield LLC, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.

-JT Alternations leased 2,400 square feet at Keystone Plaza, 2315 E 53rd St. The landlord, Keystone Plaza Associates, was represented by Larry Davis and Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.

-Ryan Jay, DDS, leased 2,400 square feet of retail space at 12110 Pendleton Pike. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, Family Video Movie Club, represented itself.

-R. Lynda a Women’s Dress Boutique, leased 2,341 square feet at Traders Point Shopping Center, 6010 W. 86th St. The tenant was represented by Keith Fried of Sitehawk Retail Real Estate.  The landlord, Kite West 86th Street LLC, was represented by Blake Beaver of Kite Realty Group.  

-Arepas Caracas Grill leased 2,220 square feet at Crooked Creek Shoppes, 7940 N. Michigan Road. The tenant was represented by Kelli Membreno of Libertad Real Estate LLC. The landlord, Crooked Creek Shoppes, was represented by Greg Smith and Joe Tarpey of Colliers International.

MAURER: Who’s running? It’s a puzzling question

December 22, 2010

Indiana politics can be puzzling. Enjoy this Pictocross© on the topic.

Not-for-profits hang out consulting shingle

December 22, 2010

Tight budgets are prompting some of the state’s largest not-for-profit organizations to launch new businesses to shore up the bottom line. The Indianapolis Museum of Art, for example, has a contract to manage the airport’s art collection.

DINING: Local restaurants came and went during 2010

December 22, 2010

Some offered their inaugural feasts. Others served their last meal. Here’s a rundown of just some of the transitions on the Indy dining scene this year.

LOU’S VIEWS: Mixed bag of 2010 bests

December 22, 2010

The holiday happenings are behind us. The 2011 offerings are yet to come. That means its time for my annual trek through the IBJ archives for reminders of A&E events that I enthusiastically recommended during the past year.

Sales/acquisitions

December 22, 2010

-Northwest Indiana-based Ray Rapchak Holdings has purchased the 89-unit White River Village apartments in Anderson. The property was listed for $1.2 million. The sales price wasn’t disclosed. The buyer and seller, court appointed receiver Glass-Ratner of Miami, were represented by Tikijian Associates.

-Canal Investments LLC bought a 40,511-square-foot manufacturing facility at 2535 Burton Ave. The price wasn’t disclosed. The buyer was represented by Terry Winton of Acorn Group. The seller, Canal Realty Inc., was represented by Bill Brennan of Lee & Associates.

BENNER: Enough looking back–let’s look at events ahead

December 22, 2010

Last week, we looked back at the year that was in Indiana sports. This week, we look ahead to the new year and what it might be.<

Records – Dec. 27, 2010

December 22, 2010

Records listings from the Dec. 27, 2010, issue of IBJ.

Daniels, bankers may spar over deposit insurance fund

December 22, 2010

Elected officials—including Gov. Mitch Daniels—have started eyeing the little-known, $250 million public deposit insurance fund, or PDIF, as a potential way to plug budget gaps next year.

People in the news – Dec. 27, 2010

December 22, 2010

People listings are free.

Support Edwardsport

December 22, 2010

We are concerned that the ethics issues at the Indiana Utility Regulatory Commission and Duke Energy are being used by opponents to derail plans for the Edwardsport IGCC Power Plant.

How will reform affect primary-care docs?

December 22, 2010

The dramatic shift from primary care to specialty interests within the American health care system begs a deeper question—What is the future of the primary-care doctor?

FELDMANN: Fundraising trends to watch for in 2011

December 22, 2010

Well, it’s that time of year again: time to gaze into the crystal ball and predict what trends will dominate fundraising in the year ahead.

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